A school raises its fees by 20 percent. How much approximate discount should they give so as to run the school on no profit and no loss basis?

A school raises its fees by 20 percent. How much approximate discount

1.	A school raises its fees by 20 percent. How much approximate discount should they give so as to run the school on no profit and no loss basis?
A.	16.50 percent
B.	20 percent
C.	16.66 percent
D.	17 percent
Answer» D. 17 percent

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A school raises its fees by 20 percent. How much approximate discount should they give so as to run the school on no profit and no loss basis?

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